NIFTY50

NIFTY50

Nifty 50 is an equity benchmark index in India introduced by the NSE on April 21, 1996 . The term Nifty is derived from combining National & Fifty – as it consist of 50 actively traded stocks . It is used for a variety of purposes such as bench-marking fund portfolios, index based derivatives and index funds. The NIFTY50 is the flagship index on the National Stock Exchange of India Ltd. (NSE). The Index tracks the behavior of a portfolio of blue chip companies, the largest and most liquid Indian securities. It includes 50 of the approximately 1600 companies listed on the NSE, captures approximately 65% of its float-adjusted market capitalization and is a true reflection of the Indian stock market. The NIFTY50 Index which constitutes of 50 major companies , can easily help in diversifying your portfolio .These are premium companies with high market capitalization . The NIFTY 50 total return index delivered returns of 15.98% per annum during the previous 10 year period (as on March 29, 2019). Since inception it has provided about 11.08 % of return .

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